(not satire – it’s the UK today!)
According to a new report, personal debt in the UK is now £1.4 trillion – most of it owed by poorer people to banks.
But according to the National Audit Office, taxpayers have paid out £1.6 trillion to the banks in bailouts.
Which means even if the banks wrote off all personal debts, they’d still owe us around £200 billion.
Now remind me. Who exactly is paying for all those massive bankers’ bonuses again?
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